The Victoria Hotel will be demolished before the end of March after council approval for new social housing at the Largs seafront site.
The new development will comprise of 12 one bedroom flats for rent, and all will be accessible by lift and stairs, under the auspices of Cunninghame Housing Association.
Largs company Stewart Associates are the architects for the development which will be built by RDK Construction.
Concerns were raised by Largs Community Council about lack of sufficient parking provision at the site, but  North Ayrshire Roads department had no objections to the proposal.
They stated: " As this is a town centre development no dedicated parking is required. Parking is available on street and off street within the town centre. Please note that parking is currently unrestricted but North Ayrshire Council reserves the right to alter parking control measures in the future.
"School Wynd is an existing public road with no footways. The proposals will provide a similar level of pedestrian and vehicle activity to that which could currently exist if the hotel and flats were in operation."
At this time it is unknown how construction phasing will occur, however, any impact on the public road will require to be discussed fully with North Ayrshire Council Roads Services to ensure adequate access is maintained.
Transport Scotland, as the trunk road authority, is to be consulted on matters relating to the access, servicing and junction arrangements regarding the A78 Trunk Road.
Class 3 commercial space on ground floor has also been approved for the development - despite an objection by Largs Community Council regarding over-provision of hot food takeaway operations in the area.
Environmental Health have stated that the applicant should provide details of the proposed ventilation system for the two class 3 commercial units on the ground floor.
Mr Stewart Mackenzie, Environmental Health Officer , said: "I have advised the applicant to ensure there is sufficient noise attenuation between the residential and commercial units, with consideration given to the commercial operations including entertainment."
The applicant will also provide a road traffic noise impact assessment in relation to the development.